Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto
Crypto Investment Strategies Shift Toward Solana’s Top Competitors
The trend in blockchain investment is pivoting. As the bull run of 2024 gains momentum, investors are turning their attention to several key players that are challenging the status quo. This strategic repositioning by investors highlights a growing interest in platforms poised to rival established protocols like Solana. The focus is now on a group that could redefine market leadership in the blockchain space. This article delves into the reasons behind this shift and examines the contenders rising to prominence.…
1 year ago
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CryptoTurnkey Raises $15M Series A to Revolutionize the Crypto User Experience
[PRESS RELEASE – New York, NY, April 23rd, 2024] Turnkey, the leading provider of secure, flexible, and scalable wallet infrastructure for crypto developers, announced today that it has raised a $15 million Series A funding round. The round was led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. Before a user can do anything onchain, they must jump through a series of hoops: download a browser extension, write down their…
1 year ago
The Ultimate Crypto News Trading Guide for Beginners
The post The Ultimate Crypto News Trading Guide for Beginners appeared first on Coinpedia Fintech News In the world of trading, strategies typically revolve around technical and fundamental analysis, tried-and-true methods with numerous benefits. However, there comes a point where venturing beyond these traditional approaches becomes enticing. Enter the concept of ‘trade the news’, a method that delves into the realm of real-time events and their impact on markets. This approach shines brightest in highly volatile arenas like crypto markets.…
1 year ago
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CryptoCrypto Fundamental Analysis for Beginners
The post Crypto Fundamental Analysis for Beginners appeared first on Coinpedia Fintech News In the realm of cryptocurrency trading, analysis plays a pivotal role, guiding crypto traders in their decision-making. There are three main types: fundamental analysis, technical analysis, and on-chain analysis. Among these, crypto fundamental analysis holds significant importance due to its nature. It serves as the cornerstone for cryptocurrency traders, especially those with long-term goals. This analysis involves scrutinising the intrinsic value and factors affecting a cryptocurrency’s market,…
1 year ago
Economic Impact on Crypto: What Every Trader Needs to Know
The post Economic Impact on Crypto: What Every Trader Needs to Know appeared first on Coinpedia Fintech News Have you ever wondered if things like unemployment can affect the crypto market, just like they do with other investments? It turns out they can! As a crypto trader, it is crucial to pay attention to big economic developments. Not all developments affect crypto the same way, though. Some things matter more than others. This article will guide you through the important…
1 year ago
Secrets of Success: Patience and Long-Term Thinking in Crypto Trading
The post Secrets of Success: Patience and Long-Term Thinking in Crypto Trading appeared first on Coinpedia Fintech News Many crypto traders see trading as a quick way to get rich, but this belief is risky. Thinking this way can lead to big losses. To succeed in crypto trading, patience is crucial. Sadly, patience isn’t talked about much among cryptocurrency traders. Let’s explore why patience matters in crypto trading. It is important to understand that quick gains are extremely rare, and…
1 year ago
The Crypto Fast Lane: Rev Up Your Portfolio With Play-to-Earn Games, Billion Dollar Jackpot, Gala Games & Axie Infinity
The post The Crypto Fast Lane: Rev Up Your Portfolio With Play-to-Earn Games, Billion Dollar Jackpot, Gala Games & Axie Infinity appeared first on Coinpedia Fintech News The world of cryptocurrency offers a multitude of paths to growing your wealth. Three creative projects – Billion Dollar Jackpot (BDJ), Gala Games (GALA), and Axie Infinity (AXS) – are leading the charge in the exciting Play-to-Earn (P2E) gaming space. Each offers unique experiences and earning potential, but for those seeking high-octane thrills…
1 year ago
Resilience Tactics: Staying Strong in the Face of Crypto Market Volatility
The post Resilience Tactics: Staying Strong in the Face of Crypto Market Volatility appeared first on Coinpedia Fintech News Many traders view crypto trading as riskier than other options for trading, due to the highly volatile nature of the crypto market. In this article, we delve into a few critical questions regarding crypto market volatility, including strategies for building resilience. Amidst the ups and downs of the market, understanding how to navigate and manage risks becomes essential. By grasping the…
1 year ago
Thailand Cracks Down On ‘Unauthorized’ Crypto Platforms
In line with global regulatory trends, Thailand is tightening its oversight of the cryptocurrency sector by primarily targeting unauthorized crypto platforms. Regulatory Action Thailand's Securities and Exchange Commission (SEC) is taking decisive action against unregistered digital asset service providers. In coordination with the Ministry of Digital Economy and Society, the SEC will block access to these unauthorized platforms. The decision, announced after a meeting of the Technology Crime Prevention and Suppression Committee on April 19, signals the government's commitment to…
1 year ago